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Approximately 10% of each ENR Bullet Portfolio is devoted to the multi-manager, or fund-of-funds, investment concept. Multi-manager hedge funds allow the investor to achieve several key objectives for a relatively small sum of investment capital:
- Access some of the world’s leading traders at fractional cost compared to high minimums in excess of $1 to $5 million dollars;
- Reduce portfolio volatility by 75% or more by concentrating an alternative portfolio in a multi-manager product that allocates capital among 25 or more traders;
- Compounding consistency is virtually a monthly event since low volatility equates to regular profits and irregular losses;
- A diversified portfolio of uncorrelated strategies;
- Provides access to a broad range of investment styles, strategies and talented investment advisors in one product;
- Eliminates the need for market-timing mutual funds since the underlying advisors are always hedged.
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ENR Diversified Trading Programs
June 30, 2010 (Net of all fees) |
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June
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2010 |
1-Year |
| ENR Bullet Portfolio US$ |
-0.31% |
-1.60% |
-0.04% |
ENR Euro Bullet Portfolio (1)
|
-0.49% |
3.51% |
4.67% |
| ENR Best Ideas Portfolio |
0.66% |
-0.46% |
2.42% |
| Valor Life ENR Bullet US$ |
0.08% |
-2.13% |
-2.39% |
| Valor Life ENR Bullet EUR |
0.01% |
2.17% |
0.27% |
| Valor Life Precious Metals |
2.88% |
8.27% |
22.31% |
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| S&P 500 Index |
-5.39% |
-7.57% |
12.12% |
| MSCI World
Index |
-3.56% |
-10.88% |
8.01% |
| MSCI World Index (EUR) |
-3.39% |
4.39% |
23.69% |
| CSFB/Tremont Managed Futures Index |
0.42% |
0.26%
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-1.19% |
(1) Performance expressed in Euro.
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